Trend-Following Backtester · Guide · backtest 한국어

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Personal Assets Trust PLC GBP backtest

10 trend-following strategies were compared on the full daily history of Personal Assets Trust PLC GBP. 8 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 4.6%, MDD -28.7%).

Data 1983-07-29 ~ 2026-07-31daily bars 11,051 (43.0 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -4.1%, drawdown -99.1%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 4.6%, MDD -28.7%, Sharpe 0.55, 19% exposure.

CAGR reference leader: Supertrend — CAGR 5.2%, MDD -99.1%, exposure 60%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 8.7%p higher than buy and hold, while drawdown improves by 70.3%p (CAGR 4.6%, MDD -28.7%, exposure 19%).

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
Keltner 채널 돌파
emaPeriod=17, atrPeriod=23, mult=3.5
4.6%-28.7%0.550.167.0x9219%
볼린저 밴드 돌파
n=14, k=2.6
2.6%-35.8%0.330.073.0x21223%
ADX / DI 방향성
period=12, threshold=30
1.4%-71.4%0.200.021.8x30029%
ROC 모멘텀
n=23, threshold=-0.05
5.1%-99.0%0.150.058.3x13593%
Supertrend
period=21, mult=4.9
5.2%-99.1%0.150.058.9x15860%
Donchian 채널 돌파
entryN=22, exitN=49
-5.4%-99.1%0.15-0.050.1x13774%
EMA 크로스오버
fast=10, slow=23
1.8%-99.5%0.150.022.1x36960%
Parabolic SAR
step=0.01, maxStep=0.26
1.3%-99.6%0.150.011.8x48159%
MACD
fast=22, slow=28, signal=23
0.8%-99.5%0.150.011.4x44551%
SMA 크로스오버
fast=10, slow=49
-7.6%-99.2%0.15-0.080.0x26561%
Buy and hold-4.1%-99.1%0.15-0.040.2x1100%
0.1 1x 10x 100x 1984 1990 1996 2002 2008 2014 2020 2026 SupertrendKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -25% -50% -74% -99% 1984 1990 1996 2002 2008 2014 2020 2026 Buy and holdSupertrendKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -28.7% (1987-10-29 → 1988-12-30), recovered after 1,222 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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